Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?
Ruoxi Zhang
(2019)
Why Hong Kong Mitigated the Worst Impact of the 1997 Asian Financial Crisis?: pp.
60-92.
Chapter 3. Hong Kong’s Economy and Policies up to the 1997 Asian Financial Crisis: A SVAR Approach
The following sections are included:
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3.1. Introduction
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3.2. Methodology
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3.2.1. SVAR Model
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3.2.2. Impulse Response Functions
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3.2.3. Variance Decomposition
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3.3. Data and Statistics
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3.3.1. Data
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3.3.2. Preliminary Analysis
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3.4. Restrictions and Identification of Conditions for SVAR Model
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3.4.1. Exogenous Restrictions
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3.4.2 Contemporaneous Restrictions
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3.5. Empirical Results
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3.5.1. Impulse Response Function
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3.5.2. Variance Decompositions
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3.6. Conclusion